Mexico stocks higher at close of trade; S&P/BMV IPC up 1.35%

Mexico stocks higher at close of trade; S&P/BMV IPC up 1.35%

Dec 18, 2018

Mexico stocks were higher after the close on Tuesday, as gains in the Financial Services, Telecoms Services and Healthcare sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC added 1.35%.

The best performers of the session on the S&P/BMV IPC were Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO), which rose 5.12% or 1.360 points to trade at 27.910 at the close. Meanwhile, Gentera SAB de CV (MX:GENTERA) added 4.85% or 0.650 points to end at 14.050 and Grupo Financiero Banorte (MX:GFNORTEO) was up 4.34% or 3.840 points to 92.420 in late trade.

The worst performers of the session were GMexico Transportes SA de CV (MX:GMXT), which fell 3.34% or 0.830 points to trade at 24.030 at the close. Grupo Cementos De Chihuahua (MX:GCC) declined 2.29% or 2.320 points to end at 98.990 and Becle SA (MX:CUERVO) was down 2.19% or 0.530 points to 23.650.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 139 to 138 and 7 ended unchanged.

Gold Futures for February delivery was up 0.12% or 1.50 to $1253.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 7.77% or 3.90 to hit $46.30 a barrel, while the February Brent oil contract fell 5.84% or 3.48 to trade at $56.13 a barrel.

USD/MXN was up 0.04% to 20.0843, while EUR/MXN rose 0.19% to 22.8267.

The US Dollar Index Futures was down 0.04% at 96.507.

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